NIFTY FUTURES

Trend at the moment looks more puzzled and its possible sell off in select heavy weights is very much on cards. In the coming days too it is expected that market will continue to become range bound. Now looking at the overall pattern of the Nifty it seems that Nifty futures has strong support at 10704, if it breaks 10704 then expect it to slide to 10651..!!! At the same time on the higher side strong hurdle exist at 10811, If manages to cross and stay above then we could see 10849 in hours…!!!